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Skipton Building Society – Flexible 3 Year Stepped Discount

Flexible stepped discounted-rate mortgage

Discounted term:
Three years

2.65% in year one, 0.25% in years two and three

Payable rate:

Minimum loan:

Maximum loan:
Up to 95% of valuation subject to a maximum of 200,000, up to 90% of valuation subject to a maximum of 300,000, up to 85% of valuation subject to a maximum of 400,000, up to 75% of valuation subject to a maximum of 1m

Income multiples:
Up to 3.5 times principal income plus second or 2.75 times joint

Capital repayments of up to 10% a year allowed without penalty, free legal and valuation fees on remortgages

Flexible features:
Overpayments, payment holidays, interest calculated daily

Arrangement fee:

Redemption fee:
3% of amount repaid in first three years

Introducer’s fee:
Refer to lender

Tel: 0845 8501711


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